Foreclosure Intervention Program
Make an Appointment
CLICK HERE to learn how to make an appointment to work independently and confidentially with a Foreclosure Prevention Expert.
Depending on your particular situation, the following outcomes are explored by SFHDC -
- Refinance - obtaining a new loan with better terms and interest rate.
- Repayment Plan - adding the past-due amounts to the principal balance.
- Forbearance - suspending or reducing payments for a period of time.
- Deed-in-lieu of Foreclosure - returning the property to the investor so the borrower walks away without a foreclosure on their credit.
- Loan modification - adding past-due amounts to principal balance, extending the terms of the loan, or reducing the interest rate.
- Short Sale - selling the property for less than is owed on the mortgage.
Save Your Home from Foreclosure
At San Francisco Housing Development Corporation, our qualified foreclosure intervention specialists help alleviate the emotional stress experienced by mortgage default homeowners. Our focus at SFHDC is to compassionately counsel troubled homeowners in the Greater San Francisco Bay Area, who have been severely impacted by the nation’s troubled housing market epidemic. Our program specialists work closely with lenders and brokers to negotiate fair and realistic solutions that lead at-risk homeowners to financial stability and self-sufficiency. Understanding the lenders’ bottom-line objectives allows us to help clients find a realistic solution to prevent foreclosure, and/or retain a homeowner’s assets.
SFHDC Foreclosure Intervention Program includes the following comprehensive services:
- Conduct front end hardship and cash-flow analysis, prepare borrowers for solutions that are reasonable for all parties, and make recommendations to loss mitigation representatives to find realistic solutions on a case by case basis
- Assist in identifying feasible and curable solutions as opposed to foreclosure, for borrowers in mortgage default who can demonstrate the ability to pay if brought current
- Identifying non-performing loans, which will result in bank-owned status unless action is taken, and determine cost effective solutions for the liquidation of those loans through un-curable workout options or other liquidation options.
